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MISSISSIPPI POWER CO FILES (8-K) Disclosing Regulation FD Disclosure

Edgar Glimpses |
Tuesday, 01 July 2014 14:28 (EST)

Item 7.01. Regulation FD Disclosure.

The information in this Current Report on Form 8-K, including the exhibit
attached hereto, shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities under that Section. Furthermore, such information, including the
exhibit attached hereto, shall not be deemed to be incorporated by reference in
any filing under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such filing.
On July 1, 2014, Mississippi Power Company ("Mississippi Power") submitted its
Kemper County Integrated Coal Gasification Combined Cycle Project Monthly Status
Report through May 2014 to the Mississippi Public Service Commission (the
"Mississippi PSC") pursuant to Docket No. 2009-UA-14. A copy of this report is
furnished as Exhibit 99.01 to this Current Report on Form 8-K.

Monthly Status Report through May 2014 to the Mississippi Public
Service Commission submitted by Mississippi Power Company pursuant
to Docket No. 2009-UA-14.

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in Exhibit 99.01 of this Current Report on Form
8-K is forward-looking information based on current expectations and plans that
involve risks and uncertainties. Forward-looking information includes, among
other things, statements concerning the projected cost and schedule for the
completion of construction and start-up of the integrated coal gasification
combined cycle project in Kemper County, Mississippi (the "Kemper IGCC").
Mississippi Power cautions that there are certain factors that could cause
actual results to differ materially from the forward-looking information that
has been provided. The reader is cautioned not to put undue reliance on this
forward-looking information, which is not a guarantee of future performance and
is subject to a number of uncertainties and other factors, many of which are
outside the control of Mississippi Power; accordingly, there can be no assurance
that such suggested results will be realized. The following factors, in addition
to those discussed in Mississippi Power's Annual Report on Form 10-K for the
fiscal year ended December 31, 2013, and subsequent securities filings, could
cause actual results to differ materially from management expectations as
suggested by

such forward-looking information: changes in tax and other laws and regulations
to which Mississippi Power is subject; ability to control costs and avoid cost
overruns during the development and construction of facilities, which include
the development and construction of generating facilities with designs that have
not been finalized or previously constructed, including changes in labor costs
and productivity factors, adverse weather conditions, shortages and inconsistent
quality of equipment, materials, and labor, contractor or supplier delay or
non-performance under construction or other agreements, operational performance,
delays associated with start-up activities, including major equipment failure,
system integration, and operations, and/or unforeseen engineering problems;
ability to construct facilities in accordance with the requirements of permits
and licenses, to satisfy any operational and environmental performance
standards, including any Mississippi PSC requirements and the requirements of
tax credits and other incentives, and to integrate facilities into the Southern
Company system upon completion of construction; advances in technology; actions
related to cost recovery for the Kemper IGCC, including actions relating to
proposed securitization, Mississippi PSC approval of Mississippi Power's
proposed rate recovery plan, as ultimately amended, which currently includes the
ability to complete the proposed sale of an interest in the Kemper IGCC to South
Mississippi Electric Power Association, the ability to utilize bonus
depreciation, which currently requires that assets be placed in service in 2014,
and satisfaction of requirements to utilize investment tax credits and grants;
Mississippi PSC review of the prudence of Kemper IGCC costs; the outcome of any
legal or regulatory proceedings regarding the Mississippi PSC's issuance of the
Certificate of Public Convenience and Necessity for the Kemper IGCC, the
settlement agreement between Mississippi Power and the Mississippi PSC, the
March 2013 rate order approving retail rate increases consistent with the terms
of the settlement agreement, or the State of Mississippi legislation designed to
enhance the Mississippi PSC's authority to facilitate development and
construction of baseload generation in the State of Mississippi; and the ability
of counterparties of Mississippi Power to make payments as and when due and to
perform as required. Mississippi Power expressly disclaims any obligation to
update any forward-looking information.

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